The E bay enigma
CNCMACHINIST
Posts: 131 ✭✭✭
So...you find a coin in a MS-67 lets say, and you go on ebay and there is a slab going for 5000 dollars...and then someone has the same coin not graded but in obvious ms67 or 70 and its 1.39...what gives!!!!
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Comments
I would hit BIN a lot sooner than I could develop a thoughtful answer
There is no Santa Clause in the world of numismatics. $5,000 coins don't sell for $1.39 on eBay. But I have seen a few $1.39 coins priced at $5,000 on eBay.
you are a pretty good grader if you can tell from eBay pictures a coin that is an obvious ms67 or 70 - it should not take you long to get richer and retire
Notable scores have been reported but they are infrequent.
True but there are a lot of skeletons buried in the numismatic eBay graveyard on a hope and a prayer
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Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
If you are talking about modern coins in holders versus raw in the wild, your guess is as good as mine on how they tell the difference between grades on most of these. I think some people do really well if they can pick them out but I know I can't.
eBay is a super venue buy and sell
Any coin deal one has to evaluate regardless of venue. CF is an excellent tool. I find your example extreme and just what coin are u talking about.
Your scenario transcends reason.... the coin listed at $1.39 was likely counterfeit or irredeemably cleaned. Ebay has a lot of scams...Cheers, RickO
Yes, we're going to need the details to explain this one accurately.
Buy the $1.39 coin and submit it for grading for your first lesson on buying coins on eBay.
I don’t care how good you at grading coins, there is no way that you can predict from photos that a raw coin is going to get a high grade like “MS-67 or 70.” It’s even dicey if you can see the coin in person. Predicting such grades is hard because the “arts” part of the grading is “a science and an art” part of the equation. It’s quite possible to get close or the money with the grades, MS-64 and below, but the very high grades, down to the point, is very hard.
When there is a big difference between MS-66 and 67, assuming that you have found the MS-67 is a fool’s game if you paying a very high price for the raw coin. Even previously graded coins can come back with different grades in subsequent submissions. Going from an NGC MS-67 to a PCGS MS-66 is not a sure thing. Just ask anyone who has had experience with crossing coins from one service to the other.
I would love to see an example of the $1.29 coin
I realy need to investigate this subject!